Compare formal and informal appraisal processes. Explain why both components are important to the performance management process.

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter11: Human Resource Management
Section: Chapter Questions
Problem 6CRQ: What are the main process steps for implementing pay for performance?
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Compare formal and informal appraisal processes. Explain why both components are important to the performance management process.

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